NEW YORK – Accenture Plc and Microsoft Corp are teaming up to build a digital ID network using blockchain technology, as part of a United Nations-supported project to provide legal identification to 1.1 billion people worldwide with no official documents.
The companies unveiled a prototype of the network on Monday at the UN headquarters in New York during the second summit of ID2020, a public-private consortium promoting the UN 2030 Sustainable Development Goal of providing legal identity for everyone on the planet.
Blockchain, first developed as a public ledger of all transactions in the digital currency bitcoin, is increasingly being used to securely track data in other fields.
“Without an identity you can’t access education, financial services, healthcare, you name it. You are disenfranchised and marginalized from society,” David Treat, a managing director inAccenture’s financial services practice, said in an interview.
“Having a digital identity is a basic human right.”
The new platform will connect existing record-keeping systems of commercial and public entities through blockchain, allowing users to access to their personal information wherever they are.
For example, refugees who have fled their country leaving behind birth or education paper certificates would still be able to provide proof of those credentials through the system.
PricewaterhouseCoopers and Cisco Systems Inc are among the organizations involved in ID2020.
Full article: ID 2020 Digital identity Pushed as a Basic Human Right (TruNews)